Why it pays to check your sub-contractors insurance In the current economic environment, businesses are understandably looking to reduce overheads. But we have noticed a worrying trend where sub-contractors have reduced or even completely removed their insurance indemnity limits in a bid to cut costs – leaving main contractors and SME construction businesses exposed [...]
BJP Insurance Brokers sponsors Thatcham Tornadoes Football Club Under 9’s Development Team. It is no secret that here at BJP Insurance Brokers, we love being engaged in the community life. This is demonstrated by supporting numerous local charities throughout our history, including New Beginnings which is the company’s current local charity for the year [...]
Business Interruption Insurance – are you fully covered?Insurance is a complex world. There’s an abundance of jargon and terminology which can be difficult to fathom. Business Interruption Insurance is no exception. Many business owners have business interruption as part of a Commercial insurance package and assume it will cover them in the event of the [...]
Common queries about Engineering Inspection If your organisation owns or operates work equipment, there are legal obligations you must comply with. Regular engineering inspections will help to ensure both statutory and health and safety duties are met. You may also have equipment that doesn’t require inspection from a statutory perspective, but it is always [...]
D&O cover can be essential for many businesses There are many misconceptions about Directors and Officers (D&O) cover. Many owners and managers at SME businesses think it irrelevant to them, or else assume that the business having Limited Company status means that they, as Directors, are afforded full protection from prosecution should something go [...]
Insurance shouldn’t be a ‘Once a year job’We know, and understand, why many of our clients think of insurance as something that just has to be sorted out once a year, at renewal. But actually, it’s worth thinking about how your business changes through the year, and how making a habit of reviewing your insurance [...]
What Legal Expenses Insurance can do for your businessRunning a small business can bring great satisfaction and reward, but it also brings worries. Often you will need to consider employees, clients and possibly suppliers – plus a whole range of hourly, daily, weekly, monthly obligations to make your work a success. Even with the best [...]
Business Continuity planning Who needs a business continuity plan? Any business should consider the risks that it faces, and how it would manage should something go wrong. A good business continuity plan should recognize all of the likely threats to trading that may take place, and detail a strategy that can be implemented before, [...]
Building Contractors face supply chain worries to add to rising material costs, survey reveals Some small building firms report 12 month wait for certain bricks, in excess of 6 months for roof tiles. Builders merchants' called on to give as much advanced warning as possible to their customers on rising costs. Some small building [...]
BJP Insurance Brokers Ltd: Defects and Damage in the Construction Industry Although not mutually exclusive, the difference between defects and damage in construction work is important to recognise. It can however be difficult to distinguish on some construction claims. Because of this, it’s certainly worth understanding the challenges this distinction can bring, as well [...]
